GRAIN SORGHUM. SPRINKLER IRRIGATED. HIGH PLAINS I. 01095812
Estimated Costs And Returns Per Acre Of Grain Sorghum. High Level Management
o .r .Q_/u._a
i i .U
. . n. .i t.
P r i c.e- ^ / noP
._n. t_iV_t a
Ir tt e- ,m. - - r^r i c e* _ «
y. l uV ea l o r
Cost/Unit Q<^tity Co8t
1. Gross receipts, from production:
Grain
cwt.
$
1.90
65
$123.50
2. Variable Costs:
Pre-Harvest:
Seed
lb.
.21
Fertilizer
(150-80-0)
ac.
18.40
Herbicide
(custom)
ac.
6.75
Insecticide
(custom)
ac.
2.25
Machinery
ac.
.85
Tractor
(1)
hr.
1.48
Tractor
(2)
hr.
1.28
Tractor
(3)
hr.
.65
Irrigation
Machinery
ac.
24.80
Labor, Tractor & Machinery hr. 2.00
Labor,
Irrigation
hr.
1.75
Pickup & Miscellaneous ac. 5.00
Interest
on
Op.
Cap.
$
.085
Subtotal, Pre-Harvest
Harvest:
Custom,
includes
hauling
cwt.
.20
12
1
1
2
1
.82
.13
.10
1
1 . 11
.44
1
21.22
$ 2.52
18.40
6.75
4.50
.85
1.21
.17
.07
24.80
2.20
.77
5.00
1.80
$ 69.04
65
$ 13.00
Total Variable Costs
$ 82.04
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor
Tractor
Tractor
Irrigation
Land
(Net
(1)
(2)
(3)
$ 41.46
ac.
hr.
hr.
hr.
ac.
rent)
1/
ac.
1.43
1.80
1.33
.72
31.80
6.36
Total Fixed Costs
1
.82
.13
.10
1
1
$ 1.43
1.42
.17
.07
31.80
6.36
$ 41.25
5. Total Costs
$123.29
6. Net Returns
$
7. Government Payments ($.29/bu. x 116 bu. x 50% allotment)
$ 16.82
8. Net Returns Including Government Payments 2J
$ 17.03
.21
' 1/ $20/acre less 80% of irrigation fixed costs excluding motor and sprinkler.
2/ Based on planted acres. No allowance made for set-aside acreage of 20%.
D e v e l o p e d b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . ^ N e w 1 9 7 2
c...operative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Agiunhuie cooperating. Distributed in furtherance of the Act, of Congress of May 8, 1914. as amended^nd JuKo. ?914
A ECO fi
GRAIN SORGHUM. SPRINKLER IRRIGATED. HIGH PLAINS I 01095811
Estimated Costs, And Requirements Per Acre Of Grain Sorghum, High Level Management
Labor m Fuel, Oil, ___, .
m«_,_._*.*-„,
Item
«_.._>
Times
Hrt,.-.fl
O p e r a t i o n N o # D a t e 0 v e r H o u r s M a c hTractor
. H r s . or
L u bT. , . RDan
e p . Fixed
P e r A ccosts
re
(1)
Per
Acre
Disc
1,13
Mar
2
.62
.50
Sweep
2,4
Apr
1
.16
.13
.11
.15
Plant &
Spray
1,11
20,10
May
1
.20
.16
.33
.49
Fertilizer
3 „
May_
1
. _ _ .13
. _.10
_
.07
.07
1.11
.89
$
$
.34
$
.85
$
.72
1.43
Irrigation:
Preplant
Postplant
To t a l
(2)
(2)
Mar-Apr
2
Jun-Aug
.44
.13
7
$
.31
$24.80
7.44
17.36
$
9.36
21.84
$31.20
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet, asumed at 800 GPM, 500 feet well, center
pivot sprinkler, natural gas pumping unit; 6AI preplant plus 2AI at each
postplant.
Oevelopeo by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. aa amended, and June SO. 1914.
AECO 6
GRAIN SORGHUM. SPRINKLER IRRIGATED. HIGH PLAINS I. 01095822
Estimated Costs And Returns Per Acre Of Grain Sorghum, Typical Management
item
Unit
l^^
Quantity
Va l u e
or
Cost/Unit s««"-«.J---y Cost
1. Gross receipts, from production:
Grain
cwt.
$
1.90
57
$108.30
2. Variable Costs:
Pre-Harvest:
Seed
_
lb.
.21
12
$
Fertilizer
(130-60-0)
ac.
15.20
1
Herbicide
(custom)
ac.
6.75
1
Insecticide
(custom)
ac.
2.25
2
Machinery
ac.
.92
1
Tractor
(( 11 ))
hh rr..
11. .6633
.82
Tractor
(2)
hr.
1.41
.16
Tractor
(3)
hr.
.72
.13
Irrigation
Machinery
ac.
24.80
1
L a b o r, Tr a c t o r & M a c h i n e r y h r. 2 . 0 0 1 . 11
Labor,
Irrigation
hr.
1.75
.44
Pickup
&
Miscellaneous
ac.
5.00
1.00
Interest
on
Op.
Cap.
$
.085
19)76
Subtotal, Pre-Harvest
Harvest:
Custom, Includes hauling
cwt.
.20
2.52
15.20
6.75
4.50
92
l!34
.23
.09
24.80
2.20
.77
5.00
1.68
$ 66.00
57
$ 11.40
Total Variable Costs
$ 77.40
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land (Net rent) 1./
To t a l
$ 30.90
ac.
h r.
h r.
h r.
ac.
ac.
Fixed
1.58
1.98
1.46
.79
31.80
6.36
Costs
1
$
•,82
.,16
•,13
1
1
6
41.69
5. Total Costs
6.
1.58
1.62
.23
.10
31.80
6.36
$119.09
Net
Returns
$(10.79)
7. Government Payments ($.29/bu. x 102 bu. x 50% allotment) $ 14.79
8.
Net
Returns
Including
Government
Payment
$
4.00
1/ $20/acre less 80% of irrigation fixed costs excluding motor & sprinkler.
2/ Based on planted acres. No allowance made for set-aside acreage of 20%.
D e v e l o p e d b y E x t e n s j o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . N e w 1 9 7 2
AECO 6
GRAIN SORGHUM. SPRINKLER IRRIGATED. HIGH PLAINS I 01095821
Estimated Costs, And Requirements Per Acre Of Grain Sorghum, Typical Management
Labor
__
Fuel,
Oil,
i xeerd Accor e
sts
D a t e STvi m
e Te s H«™ rTsr a tcetcohr . Ho rrs ., _^_u_b. . , «R_e_p . F P
Per Acre
(1)
Operation
Item
No.
Disc
1,13
Mar
2
.62
.50
Sweep
2,11
Apr
1
.16
.13
.12
.17
Plant &
Spray
1,11
20,10
May
1
.20
.16
.35
.54
May
1
.13
.10
.08
.08
1.11
.89
$ .92
$ 1.58
Fertilize
To t a l
&
.37
$
.79
Irrigation:
Preplant (2)
Mar-Apr 2
.13
$ 7.44
$ 9.36
Postplant (2)
Jun-Aug 7
.31
17.36
21.84
.44
$24.80
$31.20
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet, assumed 800 GPM, 500 feet well, center pivot
sprinkler, natural gas pumping unit; 6AI preplant plus 2AI at each postplant.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 80, 1914.
AECO 6
WHEAT FOR GRAIN, FURROW IRRIGATED, HIGH PLAINS I. 01225112
Estimated Costs And Returns Per Acre of Wheat For Grain, High Level Management
Item
Unit
1. Gross receipts, from production:
Wheat
Grazing (Gain)
To t a l
bu.
lb.
2. Variable Costs:
Pre-Harvest:
Seed
Fertilizer (150-60-0)
Herbicide
Insecticide (custom applied)
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation Machinery
Labor, Tractor & Machinery
L a b o r, I r r i g a t i o n
Pickup & Miscellaneous
Hail Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
bu.
ac.
lb.
ac.
ac.
h r.
h r.
h r.
ac.
h r.
h r.
ac.
$100
Harvest:
Combine (custom)
Hauling
Subtotal, Harvest
$
ac.
bu.
Price or
Cost/Unit
1.25
.18
2.25
10.05
2.50
2.25
.97
1.48
1.28
.65
8.28
2.00
1.75
5.00
14.00
.085
4.50
.05
Quantity
50
250
$ 62.50
45.00
$107.50
1
1
$ 2.25
10.05
1.25
2.25
.97
1.32
.78
.07
8.28
4.00
3.87
5.00
5.60
.94
$ 47.63
■50
1
1
. 89
. 61
•,10
1
2
2.,21
1
<,40
22.,85
1
50
$ 4.50
2.50
$ 7.00
$ 54.63
Total Variable Costs
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land (Net rent) JL/
$ 52.87
ac.
h r.
h r.
h r.
ac.
ac.
1.92
1.80
1.33
.72
13.50
24.20
1
<,89
•,61
<,10
1
1
Total Fixed Costs
1 ^
Value or
Cost
$ 1.92
1.60
.81
.07
13.50
24.20
$ 42.10
5 . To t a l C o s t s
$ 96.73
6. Net Returns
$ 10.77
7. Government Payment ($1.20/bu. x 50) 2/
$ 60.00
8. Net Returns Including Government Payment
$ 70.77
1/ $35/acre, less 80% of irrigation fixed costs.
7/ Assumes full allotment - no provisions made for set-aside acreage.
TfcVELOPEQ BY EXTENSION ECONOMISTS-MANAGEMENT, TAES, TAMU.
New. 1972
(.«H,,K-,aiive Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Ag.iM.H.m- cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June SO. 1914.
A ECO 6
WHEAT FOR GRAIN. FURROW IRRIGATED. HIGH PLAINS 1^
Estimated Costs, And Requirements!Per Acre
Of Wheat For Grain, High Level Management
01225111
Operation
Labor
Fuel,
Oil,
Item «__._ Times ______ Tractor or . ._. * « ' Fixed costs
No.
Per Acre
(1)
Tandem Disc
2,12
Jun-Jul 2
.50
.40
$ .20
$ .40
Oneway
1,5
Aug
1
.31
.25
.16
.38
Fertilize
3
Aug
1
.13
.10
Tandem Disc
2,12
Aug
1
.25
.20
.10
.20
Chisel Sweep
1,7
Aug
1
.20
.16
.07
.10
List
1,11
Aug
1
.25
.20
.26
.41
Cultivate
2,4
Aug
1
.16
.13
.11
.15
Plant
2,14
Aug
1
.20
.16
.07
.28
2.00
1.60
$ .97
$ 1.92
$ 8.28
$13.50
Date ssr *"•" S_ch!0_rs! I-*..**. *-_r„_.e
To t a l
Irrigation: (2)
Aug-Apr 4
2.21
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
(2) See attached irrigation cost sheet. Assumed at 800 GPM, 250 feet well, furrow
irrigation, natural gas pumping unit; 6 acre inches preplant and 4 acre inches
at each postplant.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department
of Agriculture cooperating. Distributed In furtherance of the Acts of Congress of May 8, 1914, as amended, and June SO. 1914.
AECO 6
WHEAT FOR GRAIN, FURROW IRRIGATED. HIGH PLAINS I
01225122
Estimated Costs And Returns Per Acre Of Wheat For Grain, Typical Management
Item
Unit
1. Gross receipts, from production:
Wheat
Grazing
(Gain)
To t a l
2 . Va r i a b l e C o s t s :
Pre-Harvest:
Seed
Fertilizer (100-40-0)
Herbicide
Insecticide (custom applied)
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Labor, Tractor & Machinery
L a b o r, I r r i g a t i o n
Pickup & Miscellaneous
Hail Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Combining (custom)
Hauling (custom)
Subtotal, Harvest
Price or
Cost/Unit
Quantity
bu.
lb.
1.25
.18
37
200
bu.
ac.
lb.
ac.
ac.
h r.
h r.
h r.
h r.
h r.
ac.
2.25
6.70
2.50
2.25
1.08
1.63
1.41
1
1
$100
$
ac.
bu.
.72
2.00
1.75
5.00
14.00
.085
4.35
.05
1
1
2
$ 46.25
36.00
$ 82.25
$
.89
.61
.10
1.47
1
.175
18.50
1
37
.25
6.70
1.25
2.25
1.08
1.45
.50
.86
.07
4.00
2.57
5.00
2.45
1.57
$ 38.58
$
$
Total Variable Costs
4.35
1.85
6.20
$ 44.78
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor
Tractor
Tractor
Irrigation
Land
(Net
Value or
Cost
$ 37.47
(1)
(2)
(3)
rent)
1/
ac.
hr.
hr.
hr.
ac•
ac.
2.12
1.98
1.46
.79
11.55
25.76
1
«,89
,61
,10
1
1
1
1
Total Fixed Costs
$ 2.12
1.76
.89
.08
11.55
25.76
$ 42.16
5 . To t a l C o s t s
$ 86.95
6. Net Returns
$ 4.70
7. Government Payment ($1.20/bu. x 37) 2/
$ 44.40
8. Net Returns Including Government Payment
$ 39.70
1/ $35/acre, less 80% of irrigation fixed costs.
2/ Assumes full allotment - no provisions made for set-aside acreage.
DtvELOPEq by Extension Economists-Management, TAES, TAMU.
New, 1972
Coo-K-raiive Extension Work in Agriculture and Home Economics, Texas A&M University and the United States DcpTrtment"of
AX..M.U..U. cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. a. amended!^ JuK, W14
AECO 6
Operation
WHEAT FOR GRAIN. FURROW IRRIGATED. HIGH PLAINS I
01225121
Estimated Costs, And Requirements Per Acre
Of Wheat For Grain, Typical Management
Labor _, Fuel, Oil, __._
Item Date Times u_-_-.->o
Tractor
, . «__._
costs
H™*8 Mach.
Hrs.or Lub.,
Rep. Fixed
Per Acre
Over
No.
(1)
Per
Acre
Tandem Disc
2,12
Jun-Jul 2
.50
.40
$ .22
$ .44
Oneway
1,5
Aug
1
.31
.25
.18
.42
Fertilize
3
Aug
1
.13
.10
Tandem Disc
2,12
Aug
1
.25
.20
.11
.22
Chisel Sweep
1,7
Aug
1
.20
.16
.08
.11
List
1,11
Aug
1
.25
.20
.29
.45
Cultivate
2,4
Aug
1
.16
.13
.12
.17
Plant
2,14
1
.20
.16
.08
.31
2.00
1.60
$ 1.08
$ 2.12
$ 7.08
$11.55
Total
Irrigation: (2)
Aug-Apr 3
1;47
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 800 GPM, 250 feet well, furrow
irrigation, natural gas pumping unit; 6 acre inches preplant and 4 acre inches
at each postplant.
NOTE: Machinery cost per hour estimated at 1.1 times the cost for high level manager
due to reduced efficiency and increased repair cost.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June SO. 1914.
AECO 6
^
\
^
\
WHEAT FO R G R A I N , D RY L A N D , H I G H P L A I N S I 0 1 2 2 5 2 1 2
Estimated Costs And Returns Per Acre Of Wheat For Grain, High Level Management
JP*N
Unit
Item
1. Gross receipts, from production:
Grain
Grazing
To t a l
bu.
lb.
Price or
Cost/Unit
1.25
.18
Quantity
Value or
Cost
25
120
$ 31.25
21.60
$ 52.85
$ 1.71
1.05
2.25
.38
1.00
.21
2.10
2.50
1.61
.40
$ 13.21
2. Variable Costs:
Pre-Harvest:
Seed
Fertilizer (30-0-0)
Insecticide (custom applied)
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
Pickup & Miscellaneous
Hail Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
lb.
ac.
ac.
ac.
h r.
h r.
h r.
ac.
$100
$
.038
1.05
2.25
.38
1.48
1.28
2.00
2.50
14.00
.085
45
1
1
1
Harvest:
Custom Combine
Hauling
Subtotal, Harvest
ac.
bu.
3.75
.05
1
25
.68
.16
1.05
1
.115
4.75
$ 3.75
1.25
$ 5.00
Total Variable Costs
$ 18.21
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor
(1)
Tractor
(2)
Land
(Rent)
$ 34.64
1/
ac.
hr.
hr.
ac.
.78
1.80
1.33
18.03
1
.68
.16
1
Total Fixed Costs
$
.78
1.22
.21
18.03
$ 20.24
5 . To t a l C o s t s
$ 38.45
6. Net Returns
$ 14.40
7. Government Payment ($1.20/bu. x 25) 2/
$ 30.00
8. Net Returns Including Government Payment
$ 44.40
1/ 1/3 of gross income.
2/ Assumes full allotment - no provisions made for set-aside acreage.
D e v e l o p e d b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . N e w, 1 9 7 2
Coopciaiive Extension Work in Agriculture and Home Economics, Texas A&M University and the United Steles Department of
AgiiMiliine cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914, as amended, and June 80, 1914.
AECO 6
WHEAT FOR GRAIN. DRYLAND. HIGH PLAINS I
Estimated Costs, And Requirements Per
Acre Of Wheat For Grain, High Level Management
01225211
Operation
Labor
Fuel,
Oil,
I t e m n a l . - Ti m e s u n . . - a Tr a c t o r o r T l t K « _ _ F i x e d c o s t s
m
% . H o u r s M a c h # H r 8 # L u b . , R e p . „ _Per
, . AAcre
„,.0
No.« D a t e f t , mOver
(1)
Per
Acre
Chisel
1,7
Jun-•Aug 3
.60
.48
Tandem Disc
1,12
Sep
1
.25
.20
.10
.20
Plant
2,14
Sep
1
.20
.16
.07
.28
1.05
.84
$ .38
$ .78
To t a l
$
.21
$
.30
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
^ " \
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914, as amended, and June SO. 1914.
AECO 6
01225222
WHEAT FOR GRAIN, DRYLAND, HIGH PLAINS I.
Estimated Costs And Returns Per Acre Of Wheat For Grain, Typical Management
Item
Unit
1. Gross receipts, from production:
Grain
Grazing
Total
bu.
lb.
Price or
Cost/Unit
Quantity
Value or
Cost
1.25
.18
15
90
$ 18.75
16.20
$ 34.95
.038
.42
1.63
1.41
2.00
2.50
14.00
.085
45
1
$ 1.71
.42
1.39
.28
2.10
2.50
1.19
.41
$ 10.00
3.50
.05
1
15
2. Variable Costs:
Pre-Harvest:
Seed
Machinery
Tractor *(1)
Tractor (2)
Labor, Tractor & Machinery
Pickup & Miscellaneous
Hail Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Custom Combine
Haul
Subtotal, Harvest
lb.
ac.
h r.
h r.
h r.
ac.
$100
$
ac.
bu.
.85
.20
1.05
1
.085
4.79
$ 3.50
.75
$ 4.25
Total Variable Costs
$ 24.25
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor
(1)
Tractor
(2)
Land
(Rent)
$ 20.70
1/
ac.
hr.
hr.
ac.
.86
1.98
1.46
11.90
1
.85
.20
1
Total Fixed Costs
$
.86
1.68
.29
11.90
$ 14.73
5. Total Costs
$ 28.98
6. Net Returns
$ 5.97
7. Government Payments ($1.20/bu. x 15) 2]
$ 18.00
8. Net Returns Including Government Payment
$ 23.97
1/ 1/3 of gross income.
2/ Assumes full allotment - no provisions made for set-aside acreage.
Developed by Extension Economists-Management, TAES, TAMU.
New. 1972
(:.H,,K-.aiiv< Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales Department of
Ag.iM.liiuc cooperating. Distributed in furtherance of U.e Acts of Congress ot May 8. 1914. as amended, and June SO, 1914.
AECO 6
WHEAT FOR GRAIN. DRYLAND. HIGH PLAINS I 01225221
Estimated Costs, And Requirements Per Acre Of Wheat For Grain, Typical Management
Labor ___ __ Fuel,
n
_
a
„
,
i
f
t
f
l
I
t
e
m
_
,
.
_
_
T
i
m
e
s
u
f
t
l
l
c tr o8r Lo ur b. . ,.
O p e r a t i o n N o D a t e ( h p e r H o u _r s. „ ^T^r a H
(1)
Per
Oil, _____ .
n
R _e ,p_. FPi xe er d A ccor set s
Acre
Chisel
1,7
Jun-■Aug 3
.60
.48
Tandem Disc
1,12
Sep
1
.25
.20
.11
.22
Plant
2,14
Sep
1
.20
.16
.08
.31
$
.86
To t a l
1.05
.84
1.05$
.84 . 4 2
$
.23
$
.33
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
* ^ \
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June SO, 1914.
AECO 6
WHEAT FOR GRAIN, SPRINKLER IRRIGATED, HIGH PLAINS I 01225812
Estimated Costs And Returns Per Acre Of Wheat For Grain, High Level Management
j
^
Item
Unit
1. Gross receipts, from production:
Wheat
(grain)
Grazing
(gain)
To t a l
2. Variable Costs:
Pre-Harvest:
Seed
Fertilizer (150-60-0)
Insecticide (custom)
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation Machinery
Labor, Tractor & Machinery
L a b o r, I r r i g a t i o n
Pickup & Miscellaneous
Interest on Op. Cap.
Hail Insurance
Subtotal, Pre-Harvest
Harvest:
Combine (custom)
Hauling
Subtotal, Harvest
bu.
lb.
Price or
Cost/Unit
1.25
.18
bu.
ac.
ac.
ac.
h r.
h r.
h r.
ac.
h r.
h r.
ac.
$
$100
2.25
16.80
2.25
.51
1.48
1.28
.65
19.36
2.00
1.75
5.00
.085
14.00
ac.
bu.
4.50
.05
Quantity
45
250
$ 56.25
45.00
$101.25
1
1
1
1
$ 2.25
16.80
1.25
.51
.74
.33
.06
19.36
2.16
.61
5.00
2.18
7.00
$ 60.50
.50
.26
.10
1
1.08
.35
1
25.66
.50
1
45
$ 4.50
2.25
$ 6.75
$ 67.25
Total Variable Costs
$ 34.00
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor
Tractor
Tractor
Irrigation
Land
(Net
Value or
Cost
(1)
(2)
(3)
rent)
1/
ac.
hr.
hr.
hr.
ac.
ac.
.50
1.80
1.33
.72
25.44
13.86
1
.50
.26
.10
1
1
Total Fixed Costs
$
.50
.90
.35
.07
25.44
13.86
$ 41.12
5. Total Costs
$108.37
6. Net Returns
$ (7.12)
7. Government Payments ($1.20/bu. x 45) 2/
$ 54.00
8. Net Returns Including Government Payments
$ 45.88
^ \ .
1/ $35/acre, less 80% of fixed costs on well and pump.
2/ Assumes full allotment - no provisions made for set-aside acreage.
Developed by Extension Economists-Management, TAES, TAMU.
Bgw___l?72
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
Ag. milt me cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June SO, 1914.
AECO 6
Operation
WHEAT FOR GRAIN. SPRINKLER IRRIGATED. HIGH PLAINS I
01225811
Estimated Costs, And Requirements Per Acre Of
Wheat For Grain, High Level Management
Labor m Fuel, Oil, __,_.
IN
S eo m
D
a
t
e
J
*
*
*
*
H
b i "^ - Fpi xe er d A cc or se t s
. O v e r v T M a cohu. r sH T
r sr a. c -t *o »r »o• r» L» »
(1)
Per
Acre
Disc
1,13
Aug
2
.62
.50
Fertilize
3
Aug
1
.13
.10
.07
.07
Spray
2,20
Aug
1
.13
.10
.03
.03
Plant
2,14
Aug
1
.20
.16
.07
.28
1.08
.86
$ .51
$ .50
To t a l
$
.34
$
.12
Irrigation: (2)
Preplant
Aug
.13
$ 7.26
$ 9.54
Postplant
Nov-Mar 5 .22
12.10
15.90
.35
$19.36
$25.44
Total
2
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
(2) See attached irrigation cost sheet, assumed 800 GPM, 500 feet well, center
pivot sprinkler, natural gas pumping unit; 6AI preplant and 2AI at each
postplant.
Developed by Extension Economists-Management,. TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June SO. 1914.
AECO 6
WHEAT FOR GRAIN. SPRINKLER IRRIGATED. HIGH PLAINS I
01225822
Estimated Costs And Returns Per Acre Of Wheat For Grain, Typical Management
Item
1. Gross receipts, from production:
Wheat
(grain)
Grazing
(gain)
To t a l
Unit
bu.
lb.
2. Variable Costs:
Pre-Harvest:
Seed
bu.
Fertilizer
(130-50-0)
ac.
Herbicide
lb.
Insecticide
(custom)
ac.
Machinery
ac.
Tractor
(1)
hr.
Tractor
(2)
hr.
Tractor
(3)
hr.
Irrigation
Machinery
ac.
L a b o r, Tr a c t o r & M a c h i n e r y h r.
Labor,
Irrigation
hr.
Pickup & Miscellaneous ac.
Interest
on
Op.
Cap.
$
Hail
Insurance
$100
Subtotal, Pre-Harvest
Harvest:
Combining (custom)
Hauling
Subtotal, Harvest
ac.
bu.
Price or
Cost/Unit
1.25
.18
2.25
14.40
2.50
2.25
.51
1.63
1.41
.72
19.36
2.00
1.75
5.00
.085
14.00
4.50
.05
Quantity
37
200
$ 46.25
36.00
$ 82.25
1
1
2.25
14.40
1.25
2.25
.51
.82
.37
.07
19.36
2.16
.61
5.00
2.08
7.00
$ 58.13
1
1
.50
.50
.26
.10
1
1.08
.35
1
24.53
.50
1
37
Total Variable Costs
$ 17.77
ac.
h r.
h r.
h r.
ac.
ac.
.50
1.98
1.46
.79
25.44
13.86
Total Fixed Costs
0m\
$ 4.50
1.85
$ 6.35
$ 64.48
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land (Net rent) 1/
Value or
Cost
1
. 50
. 26
•,10
1
1
$
.50
.99
.38
.08
25.44
13.86
$ 41.17
5 . To t a l C o s t s
$105.65
6. Net Returns
$(23.40)
7. Government Payments ($1.20/bu. x 37)
$ 44.40
8. Net Return Including Government Payment
$ 21.00
1/ $35/acre, less 80% of fixed costs on well and pump.
Developed by Extension Economists-Management, TAES, TAMU.
New, 1972
<..M,,>e.ativc. Extension* Work in Agriculture and Home Economics. Texas A&M University and the United States DcpartmentVf
A«"n "> «"*«■«•»* l>'-tr.b»tcd in furtherance of die Acts of Congress of May 8. 1914. as amended, and June M. 11914.
A ECO 6
WHEAT FOR GRAIN. SPRINKLER IRRIGATED. HIGH PLAINS jl
Estimated Costs, And Requirements Per Acre Of
Wheat For Grain, Typical Management
01225821
Operation
Labor
Fuel,
Oil,
____
,
I t e m _ . . Ti m e s U n . t r. a Tr a c t o r o r T , _ _ _ _ F i x e d c o s t s
N o . D a t e O v e r H oI I" " M a 1c h . H Pr se r. ^ . . R&e- pr o. P e r A c r e
Per Acre
Disc
1,13
Aug
2
.62
.50
Fertilize
3
Aug
1
.13
.10
.07
.07
Spray
2,20
Aug
1
.13
.10
.03
.03
Plant
2,14
Aug
1
.20
.16
.07
.28
1.08
.86
$ .51
$ .50
To t a l
$
.34
$
^v
.12
Irrigation: (2)
Preplant
Aug
2
.13
$ 7.26
$ 9.54
Postplant
Nov-Mar 5
.22
12.10
15.90
.35
$19.36
$25.44
To t a l
-
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
(2) See attached irrigation cost sheet, asumed 800 GPM, 500 feet well, center
pivot sprinkler, natural gas pumping unit; 6AI preplant plus 2AI at each
postplant.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics. Texas AfcM University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 80. 1914.
AECO 6
>